On: Amazon Is Now Worth More Than Wal-Mart

[ectoplasm]

I think the argument is that high profitability will increase demand for a stock to the point of it being overvalued.

[aetherson → ectoplasm]

My argument, at least, is that profitability is good for a company and a stock, but isn't the only thing that's good for a company and a stock.

Which, honestly, everyone already knows.

[fixxer → ectoplasm]

Replace "profitability" with "growth" and you get the dual problem.